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The Korea Herald
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THE INVESTOR
April 27, 2024

Stocks & Bonds

[EQUITIES] ‘YG Entertainment to post record earnings in Q1’

  • PUBLISHED :April 19, 2017 - 11:48
  • UPDATED :April 19, 2017 - 11:48
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[THE INVESTORYG Entertainment’s revenue in the first quarter will reach 92.4 billion (US$80.95 million) and operating profit a record 12.6 billion won, said Hana Financial Investment on April 18, raising the target price to 37,000 won from 33,000 won.




Sechskies, Psy, iKON and G-Dragon are expected to return in the second quarter. Earnings from G-Dragon, Taeyang, Daesung and iKON’s Japanese tour concerts will be reflected until the first half of next year, said analyst Lee Gi-hun. 

Its full-year earnings will break the record as well, said the analyst adding that despite the “absence of China” the entertainment company will reap record profits in Japan. 

By Hwang You-mee (glamazon@heraldcorp.com)

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